Strategic defaults are becoming more of the norm, according to the “Face of Foreclosure” report released today. About 45 percent of Nevadans surveyed in the Nevada Association of Realtors report said home owners are ethically and legally obligated to pay … Continue reading
NBC News.com - 7/26/2012 MINNEAPOLIS - Ruby Brown won her five-year battle to hang onto her home, with the help from new allies that made her case into a cause. The foreclosure protest movement known as Occupy Homes MN went … Continue reading
By Steve Berkowitz, CEO of Move, Inc., operator of Realtor.com Millions of Americans, myself included, applauded when the nation’s five largest lenders and attorneys-general from 49 states reached a landmark $25 billion settlement last March. Among many things, this landmark … Continue reading
WASHINGTON, D.C. – July 26, 2012 – (RealEstateRama) — Only 6,000 of the 140,000 eligible Ohioans have initiated a foreclosure review process which could put as much as $125,000 in their pockets. During a news conference call today, U.S. Sen. … Continue reading
(Source: By The Blade, Toledo, Ohio (MCT) – Toledo ranked 53rd among United States metro areas for foreclosures in the first half of 2012. A report released today by real estate data firm RealtyTrac Inc. shows Toledo had 3,191 foreclosure … Continue reading
July 27, 2012 By Ilyce Glink ( CBS MoneyWatch) Even with the U.S. housing market showing signs of stabilizing, foreclosures around the country are surging. Foreclosure activity increased in the first six months of 2012 in 125 of the nation’s … Continue reading
Beacon Journal staff report Published: July 26, 2012 A review process for certain Ohioans whose homes were foreclosed on because of errors or misrepresentations by lenders has found some could be eligible for $125,000 in assistance, Sen. Sherrod Brown said. … Continue reading
JUL 27, 2012 The Massachusetts Legislature has abandoned plans to require lenders to enter into mediation with delinquent borrowers before foreclosing on their homes. A foreclosure prevention bill emerged from conference committee Wednesday without the mediation requirement. The Senate version … Continue reading
Bloomberg July 26, 2012 Foreclosure filings rose in almost 60 percent of large U.S. cities in the first half of 2012, indicating many areas will have more distressed homes on the market later this year, RealtyTrac Inc. reported. More than … Continue reading
Tory Barringer July 25, 2012 Lender Processing Services (LPS) released Wednesday its “first look” month-end mortgage performance data for June, revealing that the loan delinquency rate fell year-over-year. According to statistics from LPS’ loan-level database, loan delinquency fell from June … Continue reading